New SBA Administrator Maria Contreras-Sweet to Speak in Boston on Thursday

PETALUMA, CA--(Marketwired - May 13, 2014) - According to the American Small Business League, Newly appointed Small Business Administration head Maria Contreras-Sweet is scheduled to speak in Boston on Thursday, May 15th as part of Federal Small Business Week.

Contreras-Sweet will be speaking May 15, 2014 at the Microsoft New England R&D Center. Event takes place at 1 Memorial Drive, Suite 100 Cambridge, MA 02142 between 8:00am and 4:30pm EDT.

Administrator Contreras-Sweet may have to face some tough questions on the continuing federal investigations and media reports that have found hundreds of billions of dollars in federal small business contracts that have been knowingly diverted to Fortune 500 firms.

Numerous media investigative reports including one by CBS Boston uncovered the rampant diversion of billions of dollars in federal small business contracts to corporate giants.

The SBA Office of Inspector General headed by Obama appointee Peg Gustafson, has named the diversion of federal small business contracts to large corporations as the number one problem at the SBA every year for the last six years.

A recent legal option by Professor Charles Tiefer, one of the nation's leading experts on federal contracting law, found legitimate small business might have been fraudulently cheated out of over one trillion dollars.

In what appears to be an escalation in the SBA's campaign to limit media coverage of the well-documented fraud and abuse in federal small business contracting programs, former head of Corporate Communications for the Pentagon Force Protection Agency, retired Naval Commander Terry Sutherland took control of the SBA Press Office in April of 2013. Mr. Sutherland has repeatedly declined to comment on the abuses.

The American Small Business League predicts the SBA policy of diverting billions of dollars in federal small business contracts to Fortune 500 firms will continue under Administrator Contreras-Sweet's leadership.